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Italy: Toward a Growth-Friendly Fiscal Reform
Michal AndrleShafik HebousMr.Alvar KangurMr.Mehdi Raissi
出版International Monetary Fund, 2018-03-16
主題Business & Economics / Labor / GeneralBusiness & Economics / Public FinanceBusiness & Economics / Personal Finance / Taxation
ISBN14843480449781484348048
URLhttp://books.google.com.hk/books?id=bjsYEAAAQBAJ&hl=&source=gbs_api
EBookSAMPLE
註釋Published in late 2017, the Italian medium-term fiscal plan aims to achieve structural balance by 2020, although concrete, high-quality measures to meet the target are yet to be specified. This paper seeks to contribute to the discussion by (i) assessing spending patterns to identify areas for savings; (ii) evaluating the pension system; (iii) analyzing the scope for revenue rebalancing; and (iv) putting forward a package of spending cuts and tax rebalancing that is growth friendly and inclusive, could have limited near-term output costs, and would achieve a notable reduction in public debt over the medium term. Such a package could help the authorities balance the need to bring down public debt and, thus, reduce vulnerabilities while supporting the economic recovery.